KT Corporation: A Bright Future Lies Ahead

Drazen_/E+ via Getty Images Elevator Pitch My Buy rating for KT Corporation’s (NYSE: KT ) [030200:KS] stays unchanged. I wrote about KT’s "multiple tailwinds" relating to its telecommunications and non-telecommunications businesses in my prior update for the stock published on November 7, 2022. With this current article, my focus is on the sell-side analysts’ expectations for KT, potential changes to its future dividend payouts, and the growth opportunities associated with digital transformation. My research suggests that the sell-side has a positive opinion regarding KT, and the stock has potential catalysts relating to dividend policy changes. More importantly, digital transformation is a key structural growth driver for KT in the mid-to-long term. I retain my Buy rating for KT, as I think that its future is bright after considering the above-mentioned. Analysts Have A Favorable View Of KT Stocks tend to perform well when they are viewed favorably by the market. Therefore, it is critical to assess how the sell-side analysts think about KT Corporation, as this will have a major influence on KT’s share price performance in the near term. I consider the sell-side consensus financial forecasts, analyst ratings and price targets in evaluating analyst sentiment for KT Corporation. […]

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